The key to quality customer-centricity? Data.

Peter Mulford analyzes key methods for using data to become more customer-centric, capture audience insights, and anticipate consumer needs.
September 27, 2022
5
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Originally published in CustomerThink.

Anticipation is often at the core of customer-centricity. Companies that utilize a customer-centric strategy can often predict every want, need, and possible passing fancy of their target audience — and find themselves handsomely rewarded in the process. Putting the customer front and center, even above revenue, can make a company 60% more profitable. Not a bad proposition for taking great care of one of an operation’s most essential assets.

Of course, claiming to be customer-centric is a far cry from actually being customer-centric. Companies that deploy a successful customer-centric strategy often use a different method of thinking to achieve their results: the “who-what-why” scale. Using these three W’s, every employee can better understand the customer beyond basic demographics. A deeper understanding then helps inform nearly every decision, shapes the experience across all possible touchpoints, and allows for more thoughtful and meaningful targeting.

With this method, employees make customers feel seen and heard. Customers see the company they chose to put their trust in actively meeting their wants and needs. Such basic services can do wonders for brand loyalty and brand advocacy. It can also encourage consumers to devote a larger share of their wallets — around 3% to 20% more.

In a fast-paced society, businesses must always look for the most beneficial way to appeal to customers and retain loyalty. A customer-centric strategy is the first step, though a deeper understanding of the customer’s wants, needs, and communication preferences is necessary for tangible results. This begs the question: How exactly do you come to a deeper understanding of a target audience?

Understanding a target audience

Businesses often use four specific methods to capture consumer insights and better anticipate customers’ wants and needs. The first is naturalistic observation, which monitors people’s interactions with the world. These findings can offer insights into how a target audience might try to fulfill a unique want or need. The second is customer surveys that allow organizations to gather valuable feedback. The third is focus groups, which involve customers discussing products or services.

Big data is the fourth strategy. Unlike the others, this method is where companies are currently experiencing the most change. Cloud computing has led to reimagining customer insight-oriented activities such as customer service analytics, brand experience, social media marketing, and voice of the customer tools.

New options and systems can easily overwhelm anyone looking for the right data to track for customer-centricity. Starting with a limited number of metrics and expanding from there can save you time, money, and hassle. Here’s where to direct your attention first:

1. Brand experience

Tracking brand experience can help capture consumer sentiment about your brand. It gives you a better idea of what people think and feel about your services. If done well, brand experience tracking can shine a light on which of your brand initiatives do or do not work, allowing you to pivot your efforts quickly. Both your net promoter and customer satisfaction scores can help crystalize what consumers might be saying and thinking about your brand.

Surveys can also be a great source of information. Keep questions to a minimum and targeted to encourage more thorough participation. Additionally, make sure not to bombard consumers with questionnaires. Quarterly can be a good frequency to capture such sentiments. Understanding your consumers’ mindsets encourages them to trust your brand and keep coming back for more.

2. Customer experience

Customer experience, or CX, tracking involves understanding the different dimensions of customer delight, including emotional and rational reactions to a company’s offerings. It also provides insights into the customer’s inclination to repurchase, recommend, or reject a product or service in the future.

Using certain data sets, particularly those associated with customer interactions, transactions, and profiles, you can arrive at what McKinsey & Company is calling “predictive insight.” This can help shape CX moving forward. All it takes is machine-learning algorithms to make sense of the information and direct funds toward certain touchpoints most likely to drive behavior along the customer journey.

3. Employee alignment

In a customer-centric organization, every person shares the goal of creating a great CX — from the C-Suite to front-line associates. Tracking and measuring employee alignment, or EA, will give you a better idea of how well each team member understands customers and, more importantly, believes that understanding and fulfilling customer needs are pivotal to the company’s success and their own.

EA starts with a sense of camaraderie and belonging. A Deloitte survey found that 79% of employees tend to agree. What’s more, 93% believe it to be a factor that drives organizational performance. When employees can see a common goal, they are more likely to achieve it for the success of everyone involved.

As with any customer-related initiative, it all comes down to the data. The most important steps are to monitor customer sentiment and understand where your company might fall within their purchase decisions. Just appreciate that one wrong move can leave people seeking alternatives to your services. Customers want what they want when they want it. By focusing on a client-centric business strategy, you can ensure they get it and keep coming back for more.

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From top-down to judgment all around: The AI imperative for organizations

Discover why AI makes human judgment the new competitive edge and how organizations can develop leaders ready to out-judge, not out-think, AI.

Each business revolution has reshaped not only how businesses operate, but how they organize themselves and empower their people. From the industrial age to the information era, and now into the age of artificial intelligence, technology has always brought with it a reconfiguration of authority, capability, and judgment.

In the 19th century, industrialization centralized work and knowledge. The factory system required hierarchical structures where strategy, information, and decision-making were concentrated at the top. Managers at the apex made tradeoffs for the greater good of the enterprise because they were the only ones with access to the full picture.

Then came the information economy. With it came the distribution of information and a need for more agile, team-based structures. Cross-functional collaboration and customer proximity became competitive necessities. Organizations flattened, experimented with matrix models, and pushed decision-making closer to where problems were being solved. What had once been the purview of a select few, judgment, strategic tradeoffs, and insight became expected competencies for managers and team leads across the enterprise.

Now, AI is changing the game again. But this time, it’s not just about access to data. It’s about access to intelligence.

Generative AI democratizes access not only to information, but to intelligent output. That shifts the burden for humans from producing insights to evaluating them. Judgment, which was long the domain of a few executives, must now become a baseline competency for the many across the organization.

But here’s the paradox: while AI extends our capacity for intelligence, discernment, the human ability to weigh context, values, and consequence, is still best left in the hands of human leaders. As organizations begin to automate early-career work, they may inadvertently erase the very pathways and opportunities by which judgment was built.

Why judgment matters more than ever

Deloitte’s 2023 Human Capital Trends survey found that 85% of leaders believe independent decision-making is more important than ever, but only 26% say they’re ready to support it. That shortfall threatens to neutralize the very productivity gains AI promises.

If employees can’t question, challenge, or contextualize AI’s output, then intelligent tools become dangerous shortcuts. The organization stalls, not from a lack of answers, but from a lack of sense-making.

What organizations must do

To stay competitive, organizations must shift from simply adopting AI to designing AI-aware ways of working:

  • Build new learning paths for judgment development. As AI replaces easily systematized tasks, companies must replace lost learning experiences with mentorship, simulations, and intentional development planning.
  • Design workflows that require human input. Treat AI as a co-pilot, not an autopilot. Embed review checkpoints and tradeoff discussions. Just as innovation processes have stage gates, so should AI analyses.
  • Make judgment measurable. Assess and develop decision-making under ambiguity from entry-level roles onward. Research shows the best learning strategy for this is high-fidelity simulations.
  • Start earlier. Leadership development must begin far earlier in career paths, because judgment, not just knowledge, is the new differentiator.

What’s emerging is not just a flatter hierarchy, but a more distributed sense of judgment responsibility. To thrive, organizations must prepare their people not to outthink AI, but to out-judge it.

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BTS acquires Nexo to strengthen its position in Brazil and Latin America

BTS has agreed to acquire Nexo Pesquisa e Consultoria Ltda., Nexo, a boutique consulting firm headquartered in São Paulo, Brazil.

P R E S S R E L E A S E
Stockholm, May 5, 2025

STOCKHOLM, SWEDEN – BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, has agreed to acquire Nexo Pesquisa e Consultoria Ltda., Nexo, a boutique consulting firm headquartered in São Paulo, Brazil.

Nexo has been growing continuously since it was founded in 2017. With revenues of approximately 12 million Brazilian Reales (approx. 2.1 million USD) in 2024, and a highly capable team of 21 members, Nexo has built a strong reputation for delivering transformative projects in strategy, innovation, leadership, and culture.

Nexo collaborates with a great portfolio of clients across sectors such as financial services, consumer goods, and technology, assisting both local and global companies in navigating uncertainty, unlocking creativity, and activating strategy through people. Their work encompasses culture transformation, leadership development, employer value proposition, innovation culture, and vision alignment – supported by proprietary methodologies and frameworks.

BTS currently operates in Brazil servicing both local and multinational clients with a team of 13 employees. By acquiring Nexo, BTS not only increases the Group’s footprint in Brazil but also adds significant capabilities in culture and transformation services. Nexo’s client base has limited overlap with BTS, creating strong growth potential and synergy opportunities.

“Nexo is known for helping leaders and organizations tackle some of the most complex, human-centered challenges with creativity, empathy, and strategic clarity and the Nexo team is loved by their clients,” says Philios Andreou, Deputy CEO of BTS Group and President of the Other Markets Unit. “Their products and services complement and elevate our existing offerings, especially in culture transformation, and we are thrilled to welcome the Nexo team to BTS.”

“We’re excited to join BTS. We’ve long admired BTS’s approach and unique portfolio to support large organizations and leaders in connecting strategy with culture across the organization,” says Andreas Auerbach, co founder of Nexo. “Becoming part of BTS, allows us to scale our impact and bring more value to our clients while staying true to our values and culture,” adds Mariana Lage Andrade, co-founder of Nexo.

Upon completion of the transaction, Nexo’s business and organization will merge with BTS Brazil. Nexo’s founders will assume senior management roles in the joint operation.

The acquisition includes a limited initial cash consideration. Additional purchase price considerations will be paid between 2026 and 2028, provided Nexo meets specific performance targets. A limited portion of any such additional purchase price considerations will be paid in newly issued BTS shares. The transaction is effective immediately.

BTS’s acquisition strategy continues to focus on broadening our service portfolio, expanding our geographic reach, and enhancing our capabilities to support future organic growth in a fragmented market.

For more information, please contact:
Philios Andreou
Deputy CEO
BTS Group AB
philios.andreou@bts.com

Michael Wallin
Head of investor relations
BTS Group AB
michael.wallin@bts.com
+46-8-587 070 02
+46-708-78 80 19

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